Board approves Q1FY27 results, new MD and CFO, and auditor change

Revenue Growth 20pctEmphasis Of MatterGoing ConcernExceptional ItemEbitda Margin CompressionResults View source PDF Explain this filing

JINDALSTEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹1036.50

prior close

₹1055.00

announcement price

After-mkt

timing

Nifty 100market+1.0%+1.8% vs market

Iron & Steel peers, median of 10sector+1.1%+1.8% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty 100 and 1.8 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-1.2

15m

-0.6

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+1.0+1.8+1.1+1.8

Next day

+1.6+0.8+0.8+1.4+0.2

+5.2+1.9+3.3+3.1+2.1

+5.6+2.1+3.5+2.5+3.0

+6.3+2.6+3.7+3.5+2.8

+6.6+4.2+2.4+3.3+3.3

+7.5+3.6+3.9+6.4+1.1

15d

+7.7+2.5+5.2+3.7+4.0

+12.7+1.8+10.9+4.3+8.3

+9.9-3.8+13.7+1.3+8.7

+2.3-4.6+6.9-7.7+9.9

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jindal Steel Board approved Q1FY27 results: standalone PAT at 1,086 Cr, consolidated PAT at 844 Cr on net revenue of 15,501 Cr. Steel production at 2.40 MT, sales at 2.23 MT. Adjusted EBITDA at 2,667 Cr. New MD Vidya Rattan Sharma, CFO Sandeep Modi, COO Rajiv Kumar, and HR Head appointed. S S Kothari Mehta to replace Lodha and Co as auditor after 47th AGM. Auditor flagged going concern emphasis of matter for Mauritius subsidiary JSML.

Likely market impact

Big leadership reshuffle at top. Q1 PAT dipped YoY on maintenance shutdowns, but revenue grew. Watch the Mauritius unit going concern flag.